Cost of Living: Cliffwood, NJ vs Lebanon, MO

Housing

The housing market plays a significant role in determining the cost of living.

Metric Cliffwood Lebanon
Housing Index 120.0 90.0
Median Home Price $396,000 $220,000
Average Rent (2 BR Apartment) $2300 $1200
Average Rent (2 BR House) $2400 $1280

Housing Comparison: Cliffwood vs Lebanon

  • In Cliffwood, the median home price is higher at $396,000, while in Lebanon it is $220,000.
  • Renting a two-bedroom apartment costs more in Cliffwood at $2,300 than in Lebanon at $1,200.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Cliffwood Lebanon
Electricity Price $19.88 $14.64
Natural Gas Price $14.01 $23.25
Other Utilities $280 $250

Utilities Comparison: Cliffwood vs Lebanon

  • Electricity costs are higher in Cliffwood at $19.88 per kWh, compared to $14.64 in Lebanon.
  • Lebanon experiences higher natural gas costs at $23.25 per unit, with costs at $14.01 in Cliffwood.
  • Other utility costs are higher in Cliffwood at an average of $280, compared to Lebanon with $250.